New Year Message from MOMML

The US ‘cliff’ – one small part of a huge debt crisis, wrote Liam Halligan today 30th December 2012. So here we are, at the turn of the year, with the global economy tottering on the edge of America’s fiscal cliff.

Well it doesn’t have to be this way Mr Halligan All you economists have to do is figure out who owns all this huge debt, swilling around the world’s financial system and advise the governments to tell ‘em to get stuffed, then turn on government and advise them to issue interest free debt.

It’s as easy as that, so what’s holding you back, are you in the pockets of the shylocks too?

This business of issuing interest bearing debt is the cause of all the woe and it certainly doesn’t have to be this way.